I mentioned in a previous post how to research short sellers, directors dealings and keep up with RNS announcements. As a result of the service I suggested for tracking directors dealings I was able to pick up the fact that the new CEO and COO of Cineworld (CINE) both picked up nearly £150,000 worth of stock. This seems encouraging given how the shares have moved recently and it is usually positive when senior directors buy in. This one is still cum a 6.4 pence final dividend for a 2% or so yield on that alone while trading on around 14 to 15x earnings with a full year yield of about 3.5%.
From the same report recently I also picked up that there had been a number of senior directors at Interserve (IRV) who had been seeling. However, director sales are less instructive as there are often other reasons involved and in this case they had all cashed in some options and sold. Nevertheless not a great sign although the shares still look relatively cheap on around 11x this years expected earnings with a 3.5% yield.
You can read a full list of recent significant director deals here and sign up for a free e-mail alert there for yourself if you want.